Air Europa Líneas Aéreas, S.A.U. is the third largest airline in Spain after Iberia and Vueling. The airline is headquartered in the Polígono Son Noguera in the Centro Empresarial Globalia in Llucmajor, Majorca, Spain. It also operates tour services between northern and western Europe and holiday resorts in the Canary Islands and Balearic Islands. It also operates domestic scheduled services and long-haul scheduled services to North America and South America. Its main base is Palma de Mallorca Airport, Palma de Mallorca.

The airline is 100% owned by Globalia, a travel and tourism company managed by Juan José Hidalgo. Since September 2007 the airline has been a member of the SkyTeam alliance. During the last ten years its operations have gradually shifted ever more to focusing on scheduled flights. Globalia's headquarters are also in the Polígono Son Noguera